Downstream petrochemical news

BASF has announced the official inauguration of its newly built Verbund site in Zhanjiang, Guangdong Province in southern China.

A strong manufacturing sector prompts China to account for more than a third of global plastics consumption, according to GlobalData.

MAIRE has announced that Nextchem has been awarded two feasibility studies in Southern Africa and Southeast Asia dedicated to mechanical upcycling and compounding plants.

The UK government has pledged up to £9 million to support the future of the Mossmorran site and help protect Fife’s wider economy following the ethylene plant’s closure.

ADNOC and OMV have announced strong progress towards the formation of Borouge Group International AG, including the signing of an Asset Usage Agreement for the Borouge 4 (B4) production complex.

Clariant have announced the completion of a collaborative pilot-scale project with Borealis and SINTEF, marking a significant milestone in advancing circular economy solutions for the plastics industry.

Neste has commissioned its new upgrading facility for liquefied waste plastic (LWP) at its Porvoo refinery in Finland, with a €111 million investment that marks a major milestone in the scale-up of chemical recycling

Evonik has announced the expansion of its collaboration with IMCD into the US market for VISIOMER® specialty methacrylates.

Shintech Louisiana, LLC has announced a US$3.4 billion investment to bolster its manufacturing capabilities, with the construction of a second ethylene unit and a fourth chlor-alkali and vinyl chloride monomer unit.

Escalating conflict in the Middle East and restrictions at the Strait of Hormuz are disrupting critical global flows of chemicals, plastics, and energy, the ICIS has reported.